Page 40 - Incentive Structure News Today

Bend the rules in the pursuit of all that fame brings with it. and then when they achieve fame, they think they are no longer subject to the boundaries that apply to the rest of society. the lesson we should pass along to our children is that the real measure of heroism should be the deeds we do when no one is watching. its the things we do for others without any expectation of compensation, recognition, or reward. its the small, quiet footprints we leave behind." it is kind of hard to take in t...

Seven figures if theyre going to keep up with the complexities, or were going to have to figure some way out to reward regulators in washington, d.c., to keep these people in check on wall street because at the end of the day, it costs us hundreds of millions of dollars, or trillions of dollars when we have another crash. >> you have to stop the resolving door. the only way to do that is to make the incentive structure such that people dont want to go through the revolving door. its a little bit...

Including those of us around the table who get the same benefits, members of our family who are very working class. my brother has a really great working-class career working for the telephone company, but theres a big disparity between what were worth, but we get the same benefits at the end of the day. theres something wrong with that. the fact of the matter is that were all living longer as well. social security can go up if you give it some lead time to retire at 67 and probably 20 years fro...

Internal divisions in the republican party that they have yet to work out which prevents them from getting to a reasonable place of compromise, to then move on to fight other battles. >> right. well, boehner was close to a deal, but he couldnt sell -- not the rank-and-file we would men of the caucus. he couldnt sell the senior leadership on the deal because they thought they were giving away what they needed to do later on. youve got to know beyond boehner what the party wants. but in some sense...

Medicare is really a lifeline. its about all of the people, including those of us around the table, who get the same benefits. my brother had a great working class career working for the telephone company. but theres a big disparity between what im worth and what hes worth because we get the same benefits at the end of the day. theres something wrong with that. and the fact of the matter is were all living longer as well. social security can go up if you give it some lead time to retire at 67 an...

President said yesterday. he asked that reid go to the up or down vote to see what it is, and what is the politics around that? >> well, john boehner, and it is important to understand that the incentive structure is different for the rank and file and back bench. if you are john boehner, you are more susceptible to the wall street pressure and the cant ter and the people who are aspiring to run for something bigger like paul ryan have a bigger ip sensitive, too. and right now, boehner wants to ...

Have or what his plans are and he walks out with nothing it sounds like. whats next diplomaticly? >> im not sure diplomaticly there is much that can go on as long as assad sees no alternative outside of syria. you know he probably faces death if he continues to fight inside syria but without any commitment to give him immunity from prosecution, if he were to leave every incentive is to stay and roll the dice and see if he might yet survive. he is also i think worried about his fellow alawites an...

Sort of this tough guy, i am the cop version. a lot of police officers with actually a pretty subtle analysis of the ways in which their own sort of position, particularly on the ground, is impacted by these kinds of laws. why is law enforcement so clearly against it? >> at the individual level, we all know law enforcement officers we think very deeply and highly about. police officers are incentivized in their pay packet to conduct small, petty drug arrests. they do better racking up 40, 50, 60...

Little bit at this point would be great. thats where we get all these crazy figures about 93% of the wealth that was created over the last four years went to 91% of the people. the other 9% was left for the other 7% of the people. >> for everybody else? >> thats right. thats because of marginal tax rates. boehner doesnt have the votes on a marginal tax rate. >> the huge support for the president is when we look at public opinion polling, we see that 60% of americans support raising taxes on inco...

I think to some extent -- >> feel free to disagree. >> ill tell you where i did disagree minorly. i think overall your analysis is correct. the incentive structure thats been created does certainly encourage palestinians to think that negotiations, dipsy, cooperations with israel is a dead end and all that the p.a. has to show is not being able to pay the salaries of public employees in west bank and gaza, except from two months back. and israeli settlement activity continues in all of that. the...